Operational Risk

Individuals in Operational Risk and Controls are responsible for multiple activities within the functional capabilities such as assessment & design, MCA, QA, Monitoring & Testing, Issue Management and/or Governance Reporting & Analysis for effective end to end oversight, design, implementation, and execution of controls. Core functional responsibility will...

Position Purpose RISK Operational Risk Management (RISK ORM), created early 2021 to oversee operational risks within the mandate of the RISK function, is organised, under the responsibility of the Group Chief Operational Risk Officer (Group CORO), around 3 Poles: RISK ORM Framework, RISK ORM Technology & Transversal Risks and RISK ORM Network.Under the...

Overall Job DescriptionThorough understanding of Treasury, Trade, Other Transaction Banking ProductsThorough understanding of Retail Banking, Digital Banking Products/Platforms and the associated regulationsConduct Risk & Control Self-Assessment workshops, identify Key Risk Indicators (KRIs), monitor and report Issues and ActionsCarry out root cause analysis...

Job DescriptionConduct operational risk assessments, RCSA, and monitor KRIs, incidents, and loss events.Review fraud-prone processes, investigate internal frauds, and implement preventive/detective controls.Drive policy/SOP reviews, ensure compliance with RBI regulations, and support audits/inspections.Lead Third-Party Risk Management (vendor onboarding,...

Position: Operational Risk ManagerWork Level: Middle ManagementIndustry Type: BankingFunction: Banking Operations (Operational Risk)Job Summary:- We are seeking a highly skilled and analytical Operational Risk Manager to join a leading Workassist Hiring Partner in the Banking industry.- This Middle Management role is critical for providing expert guidance...

Position: Manager, Operational Risk ManagementWork Level: Middle ManagementIndustry: BankingFunction: Banking OperationsJob SummaryWe are seeking a Manager, Operational Risk Management with expertise in banking operations and a strong understanding of risk and compliance frameworks. The ideal candidate will be a hands-on leader responsible for managing...

Role & responsibilitiesRisk & Control Self-Assessment Perform detailed Risk and Control Self-Assessment (RCSA) & Key Risk Indicators. Risk Identification and Assessment: Identify and evaluate potential risks within the operational frameworkPolicies & Regulations Ensure the respective clients complies with internal policies and external regulations.Errors &...

.KEY RESPONSIBILITIESAssist with daily risk assessments and reviews, ensuring compliance with internal standards and applicable laws/regulationsParticipate in RBI reporting, inspections, and adhoc data assembly for submissions to regulatorsContribute to internal control documentation, including followup on remediation itemsDevelop or update operational risk...

Department: Risk Management Total Work Experience: 12 + years in General Insurance IndustryEducation: Chartered Accountant / MBA (Finance) – Preferred but not necessaryDuties and responsibilities:-Lead and coach team members in risk identification, risk assessment/evaluation and risk treatment approachesInitiate and develop Operational Risk processes...

Department: Risk ManagementTotal Work Experience: 12 + years in General Insurance IndustryEducation: Chartered Accountant / MBA (Finance) – Preferred but not necessaryDuties and responsibilities:- Lead and coach team members in risk identification, risk assessment/evaluation and risk treatment approachesInitiate and develop Operational Risk processes...